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- LoopNet Team
2033 W Madison St
Chicago, IL 60612
Land For Sale
·
0.38 AC

INVESTMENT HIGHLIGHTS
- Dense, in-fill area with high barriers to entry
- Potential expansion opportunity
- Phenomenal signage opportunity
- Proximity to the Illinois Medical District (IMD)
- Future development potential
- Access to public transportation
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.38 AC |
| Property Subtype | Commercial | No. Stories | 2 |
| Proposed Use | Hold For Development | ||
| Zoning | B1-3 | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Hold For Development |
| Total Lot Size | 0.38 AC |
| No. Stories | 2 |
| Zoning | B1-3 |
DESCRIPTION
Located just .04 miles, The Illinois Medical District (IMD) is the nation’s largest urban medical district with over $3.5 billion in annual economic activity. The IMD has over 37,000 employees and sees around 52,000 daily visitors. Upcoming developments include, The Gateway and the Rush Hospital expansion project. The property is also located .70 miles west of the CTA Ashland Green Line, that see’s 759,447 riders per year. The Eisenhower Expressway is located just .05 miles from the property as well as the CTA’s Medical District Blue Line, which see’s 940,271 riders per year. In addition, the city is currently under construction with the new Damen station (CTA Green Line). This station will be located only .04 miles from the subject property once completed in early 2020. Additionally, the property is located just 1-block west of the nation’s largest arena in the United States, the United Center. The United Center is home to two of Chicago’s premier sports teams, The Chicago Bulls and The Chicago Blackhawks. Both teams play a combined total of 82 homes games per season. In between and after the sports season, the United Center host 23 concerts. In 2018 there were about 150 events at the United Center in total, it is expected to increase in future years. The arena has a capacity of 23,500 seats for spectators to watch the events, which is sold out most of the time, creating signifi cant pedestrian traffi c around the site.
PROPERTY TAXES
| Parcel Number | 17-18-103-003-0000 | Improvements Assessment | $10,269 |
| Land Assessment | $144,375 | Total Assessment | $154,644 |
PROPERTY TAXES
Listing ID: 15941589
Date on Market: 5/3/2019
Last Updated:
Address: 2033 W Madison St, Chicago, IL 60612
The Near West Side Land Property at 2033 W Madison St, Chicago, IL 60612 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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